516 AUTO & TIRE SERVICE INC (NJ) - 2020 PPP Loan Borrower Profile (# 7426317907)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 516 AUTO & TIRE SERVICE INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in New Jersey.
Loan Detail
Loan Number
7426317907
SBA Office Code
0299
Processing Method
PPP
Curent Loan Amount
$12,000
Date Loan was Approved
Jun 17, 2020
Amount Forgiven
$12,133
Date Loan was Forgiven
Jul 22, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Payroll Proced
12,000
Lender
WebBank
Business Detail
Business Type
Subchapter S Corporation
NAICS
441320
Borrower Location
OLD BRIDGE, NJ
Project Location
OLD BRIDGE, NJ
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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